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forex
forex mgd
The foreign exchange market (forex, FX, or currency market) is a global central market of currency trading. This includes all aspects of buying and selling exchange currency or identified current prices. In terms of volume, it is by far the largest market in the world end. [1] key participants in this market are the major international banks. Financial
centers around the world function as anchors of trading between a wide
range of different types of buyers and sellers around the clock, except
weekends. Located in the foreign exchange market on the relative values of different currencies. [2]Forex market works through financial institutions, and it works on several levels. Behind
the scenes banks turn into a smaller number of financial companies
known as the "traders" who are actively involved in large amounts of
forex trading. Most
foreign banks and currency traders, so this market is called behind the
scenes in some cases, "the interbank market", despite the fact that
some insurance companies and other financial companies and stakeholders.
Transactions between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the issue of sovereignty when it involves two currencies,
Forex has little (if any) regulatory entity regulated business.
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